Common use of Doing Business Clause in Contracts

Doing Business. To the Seller’s knowledge, all parties which have had any interest in the Purchased Mortgage Loan, whether as mortgagee, assignee, pledgee or otherwise, are (or, during the period in which they held and disposed of such interest, were) (i) in compliance with any applicable licensing requirements of the laws of the state wherein the Mortgaged Property is located, and (ii) either (A) organized under the laws of such state, (B) qualified to do business in such state, (C) a federal savings and loan association, a savings bank or a national bank having a principal office in such state, or (D) not doing business in such state.

Appears in 4 contracts

Samples: Master Repurchase Agreement and Securities Contract (Radian Group Inc), Master Repurchase Agreement and Securities Contract (Radian Group Inc), Master Repurchase Agreement and Securities Contract (Radian Group Inc)

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Doing Business. To the Seller’s knowledge, all All parties which have had any interest in the Purchased Transaction Mortgage Loan, whether as mortgagee, assignee, pledgee or otherwise, are (or, during the period in which they held and disposed of such interest, were) ) (i) in compliance compliance, in all material respects, with any and all applicable licensing requirements of the laws of the state wherein the Mortgaged Property is located, and (ii) either (A) organized under the laws of such state, (B) qualified to do business in such state, (C) a federal savings and loan association, a savings bank or a national bank having a principal office in such state, or (D) not doing business in such state.

Appears in 3 contracts

Samples: Master Repurchase Agreement (DITECH HOLDING Corp), Master Repurchase Agreement (Walter Investment Management Corp), Master Repurchase Agreement (Walter Investment Management Corp)

Doing Business. To the best of Seller’s knowledge, all parties which have had any interest in the Purchased Mortgage Loan, whether as mortgagee, assignee, pledgee or otherwise, are (or, during the period in which they held and disposed of such interest, were) (i) in compliance with any and all applicable licensing requirements of the laws of the state wherein the Mortgaged Property is located, and (ii) either (A) organized under the laws of such state, (B) qualified to do business in such state, (C) a federal savings and loan association, a savings bank or a national bank having a principal office in such state, state or (D) not doing business in such state.

Appears in 3 contracts

Samples: Master Repurchase Agreement (Pennymac Financial Services, Inc.), Master Repurchase Agreement (PennyMac Mortgage Investment Trust), Master Repurchase Agreement (PennyMac Mortgage Investment Trust)

Doing Business. To the Seller’s best of the Borrower's knowledge, all parties which have had any interest in the Purchased Mortgage Loanany related Mortgage, whether as mortgagee, assignee, pledgee or otherwise, are (or, during the period in which they held and disposed of such interest, were) (i1) in compliance with any and all applicable licensing requirements of the laws of the state wherein the related Mortgaged Property is located, and (ii) either (A2)(A) organized under the laws of such state, (B) qualified to do business in such state, (C) a federal savings and loan association, a savings bank associations or a national bank banks having a principal office offices in such state, or (D) not doing business in such state.;

Appears in 2 contracts

Samples: Loan and Security Agreement (Cityscape Financial Corp), Master Loan and Security Agreement (Cityscape Financial Corp)

Doing Business. To the Seller’s best of the Borrower's knowledge, all parties which have had any interest in the Purchased Mortgage Loan, whether as mortgagee, assignee, pledgee or otherwise, are (or, during the period in which they held and disposed of such interest, were) (i) in compliance with any and all applicable licensing requirements of the laws of the state wherein the Mortgaged Property is located, and (ii) either (A) organized under the laws of such state, (B) qualified to do business in such state, (C) a federal savings and loan association, a savings bank or a national bank having a principal office in such state, or (D) not doing business in such state.

Appears in 2 contracts

Samples: Master Loan and Security Agreement (Allied Capital Corp), Master Loan and Security Agreement (Allied Capital Corp)

Doing Business. To the Seller’s knowledge, all All parties which have had any interest in the Purchased Accredited Mortgage Loan, whether as mortgagee, assignee, pledgee or otherwise, are (or, during the period in which they held and disposed of such interest, were) (i1) in compliance with any and all applicable licensing requirements of the laws of the state wherein the Mortgaged Property is located, and (ii2) either (Ai) organized under the laws of such state, or (Bii) qualified to do business business, or exempt from such qualification, in such state, or (Ciii) a federal savings and loan association, a savings bank or a national bank having a principal office in such state, or (D3) not doing business in such state.;

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Gsamp Trust 2005-He2), Pooling and Servicing Agreement (Gsamp Trust 2005-He2)

Doing Business. To All parties other than the Seller’s knowledge, all parties Purchaser or the Depositor which have had any interest in the Purchased Mortgage Loan, whether as mortgagee, assignee, pledgee or otherwise, are (or, during the period in which they held and disposed of such interest, were) (i1) in compliance with any and all applicable licensing requirements of the laws of the state wherein the Mortgaged Property is located, and (ii2) either (Ai) organized under the laws of such state, or (Bii) qualified to do business in such state, or (Ciii) a federal savings and loan association, a savings bank or a national bank having a principal office in such state, or (D3) not doing business in such state.;

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Morgan Stanley Home Equity Loan Trust 2005-4)

Doing Business. To the best of Seller’s knowledge, all parties which have had any interest in the Purchased Mortgage Loan, whether as mortgagee, assignee, pledgee or otherwise, are (or, during the period in which they held and disposed of such interest, were) (i) in compliance with any and all applicable licensing requirements of the laws of the state wherein the Mortgaged Property is located, and (ii) either (A) organized under the laws of such state, (B) qualified to do business in such state, (C) a federal savings and loan association, a savings bank or a national bank having a principal office in such state, or (D) not doing business in such state or (e) not otherwise required to be qualified to do business in such state.

Appears in 1 contract

Samples: Master Repurchase Agreement (PennyMac Mortgage Investment Trust)

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Doing Business. To the best of Seller’s knowledge, all parties which have had any interest in the Purchased Mortgage Loan, whether as mortgagee, assignee, pledgee or otherwise, are (or, during the period in which they held and disposed of such interest, were) (i) in compliance with any applicable licensing requirements of the laws of the state wherein the Mortgaged Property is located, and (ii) either (A) organized under the laws of such state, (B) qualified to do business in such state, (C) a federal savings and loan association, a savings bank or a national bank having a principal office in such state, or (D) not doing business in such state.

Appears in 1 contract

Samples: Master Repurchase Agreement (Caliber Home Loans, Inc.)

Doing Business. To the Seller’s knowledge, all parties which have had any interest in the Purchased Mortgage Loan, whether as mortgagee, assignee, pledgee or otherwise, are (or, during the period in which they held and disposed of such interest, were) (i) in compliance with any and all applicable licensing requirements of the laws of the state wherein the Mortgaged Property is located, and (ii) either (A) organized under the laws of such state, (B) qualified to do business in such state, (C) a federal savings and loan association, a savings bank or a national bank having a principal office in such state, or (D) not doing business in such state.

Appears in 1 contract

Samples: Master Repurchase Agreement (Angel Oak Mortgage, Inc.)

Doing Business. To the Seller’s knowledgeExcept as disclosed to Purchaser, all parties which (other than Investors) that have had any interest in the Purchased Mortgage Loan, whether as mortgagee, assignee, pledgee pledgee, or otherwise, are (or, during the period in which they held and disposed of such interest, were) ) (i) in compliance compliance, in all material respects, with any and all applicable licensing requirements of the laws of the state wherein the Mortgaged Property is located, and ; (ii) either (A) organized under the laws of such state, (B) state or qualified to do business in such state, ; (Ciii) a federal savings and loan association, a savings bank associations or a national bank banks having a principal office offices in such state, ; or (Div) not doing business in such state, except where the failure to be so licensed or qualified would not result in any Loss to Purchaser.

Appears in 1 contract

Samples: Servicing Rights Purchase and Sale Agreement (PHH Corp)

Doing Business. To the Seller’s knowledge, all All parties which have had any interest in the Purchased Mortgage Loan, whether as mortgageeMortgagee, assignee, pledgee or otherwise, are (or, during the period in which they held and disposed of such interest, were) (i) in compliance with any and all applicable licensing requirements of the laws Laws of the state wherein the Mortgaged Property is located, and (ii) either (A) organized under the laws Laws of such state, or (B) qualified to do business in such state, or (C) a federal savings and loan association, a savings bank or a national bank having a principal office in such state, or (Diii) not doing business in such state.

Appears in 1 contract

Samples: Asset Purchase Agreement (Popular Inc)

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